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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by ApolloFortyNine on Thursday January 28, 2021 @11:31AM (#25944417)
Did they stop people from selling in March when the World was panicing about Covid, despite most people assuming the stock market would rebound?

The answer is no.

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by argonaut on Thursday January 28, 2021 @12:22PM (#25945166)
> most people assuming the stock market would rebound

No, people / pundits / the media were widely proclaiming that the healthcare system would be overrun and the next great economic depression was upon us. Most people assumed the stock market would continue to fall.

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by hindsightbias on Thursday January 28, 2021 @12:20PM (#25945141)
Quite a bit of difference from markets being influenced by outside events and the market being influenced by your gamified platform.
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